Press release
Semiconductor OHT Market Insights, Forecast to 2029 | Valuates Reports
Semiconductor OHT MarketGlobal Semiconductor OHT (Overhead Hoist Transport) market is expected to reach to US$ 719 million in 2023, with a positive growth of %, compared with US$ 669 million in 2022. Backed with the increasing demand from downstream industries, Semiconductor OHT (Overhead Hoist Transport) industry is evaluated to reach US$ 1246.2 million in 2029. The CAGR will be 9.6% during 2023 to 2029.
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Report Scope
Because of the semiconductor industry's explosive growth, the Semiconductor OHT (Overhead Hoist Transport) business is expanding rapidly. Electronic gadgets are built on semiconductors, and as technologies like 5G, IoT, and AI evolve, there is a growing need for semiconductor manufacturing. OHT systems are essential for simplifying and automating the semiconductor production process, which expands the market. Manufacturers in the semiconductor sector are always under pressure to boost productivity and cut costs. By automating material handling within cleanrooms and fabrication facilities, lowering human intervention, eliminating mistakes, and optimizing production workflows, OHT systems increase operational efficiency. The demand for efficiency improvements is a major driver behind the uptake of OHT systems.
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Segment by Type
• within 20 Meters
• 20-40 Meters
Segment by Application
• 200mm Wafer Factory
• 300mm Wafer Factory
• 450mm Wafer Factory
By Companies
• Murata Machinery
• SMCore
• ZENIX
• SYNUS Tech
• Shinsung E&G
• Siasun Robotics
• Seen BnTek
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